Construction permits were issued this week for a new two-story retail building, located at 113 E Oak Street in Near North Side. The owner-occupied site is being developed under the name 113 E Oak Street LLC, and will be replacing a three-story white masonry building.
Near North Side
A full opening is imminent for Old Town Park Phase Three, the third installation of Onni Group‘s mixed-use development in Near North Side. Located at 228 W Hill Street, the near-complete 41-story tower will house a combination of retail, office space, 450 apartments, and six townhouses.
The Chicago City Council has approved the 8.1-acre North Union megadevelopment in the Near North Side. Generally bounded by the CTA Brown Line tracks and W Oak Street, W Chestnut Street, and N Wells Street, the North Union site will spread across eight acres. Planned by JDL Development, the project site is currently occupied by one- or two-story buildings, parking lots, and an athletic field, all part of the Moody Bible Institute campus. The entire plan reserves 9.4 acres for Moody Bible Institute while turning over the remaining 8.1 acres over to JDL.
Exterior work is close to the finish line at AMLI 808, a 17-story mixed-use building developed by AMLI in Near North Side. Located at 808 N Wells Street, the 225-foot-tall tower will house expansive ground-level retail and 318 apartments on the upper floors.
Only final touches remain for Elm 551 at Parkside, a three-building apartment complex at 551 W Elm Street in Near North Side. With Holsten Real Estate Development Corporation as the developer, the project is the latest milestone in a broader mixed-income masterplan known as Parkside of Old Town.